Analysis and Data

Nigeria Stock Exchange

NSE All-Share Index up by 0.45 per cent despite technical obstructions

The market capitalisation increased by N50 billion, closing at N11.174 trillion compared with N11.124 trillion posted on Friday.

Nigeria Stock Exchange (NSE)

NSE: Bears on rampage, market capitalisation loses N136bn

The All-Share Index, which opened at 30,400.28, shed 364.13 points to close at 30,400.28 recorded on Monday.

Bus

Nigeria drops to 14th in Africa in best countries for business – Report

Previously, Nigeria was ranked as 115th best country to do business in the world and 3rd in Africa.

Kemi Adeosun and Zainab Ahmed

ANALYSIS: How Nigeria’s finance ministry has fared in three years under Adeosun, Ahmed

Kemi Adeosun and Zainab Ahmed have been the finance ministers under President Muhammadu Buhari.

Nigeria Stock Exchange

NSE market capitalisation dips N239bn, amid year end activities

The All-Share Index lost 654.91 to close at 31,037.72 compared with 31,692.63 achieved on Thursday.

EFCC officials sealing up a building under investigarion

EXPLAINER: 10 things to know about Bankers Warehouse, firm claiming $2.8mn seized by EFCC

The EFCC has asked for a temporary forfeiture of the money.

Social Media icons

How social media is powering new Nigerian entrepreneurs

From students to frustrated white-collar job seekers, a new generation of business-savvy Nigerians are finding solace and prosperity online

Nigeria Stock Exchange (NSE)

NSE: Crucial indices down by 0.10 per cent as profit taking persists

The All-Share Index declined by 29.26 points or 0.10 per cent to close at 30,773.64 against 30,802.90 on Thursday.

President Muhammadu Buhari presents 2019 budget to the National Assembly (Photo Credit: @brytedude on Twitter)

Quarter of Nigeria’s 2019 budget will pay debts — more than infrastructure spending

Analysts raise concerns on the sustainability of the nation’s increasing debt portfolio and its management.

Nigerian economy improved slightly in 2016, but remains in recession -- NBS [Photo Credit: naija247news.com]

Nigeria’s economy grows by 1.81% in Q3 – NBS

The recovery of Nigeria’s economy is set to become a dominant theme.

Central bank of Nigeria (CBN)

Forex: CBN injects $1.3bn, CNY 118mn in November

The Naira on November 27 exchanged at an average of N362/$1 in the BDC segment of markets across Lagos and Abuja.

The Araromi Oke-Odo market in Lagos

Prices of selected foodstuff increased in October – NBS

The prices of eggs and imported rice increased.

Nigeria Stock Exchange (NSE)

NSE: Indices bow to profit taking by 0.96 per cent

The market capitalisation shed N111 billion to close at N11.565 trillion against N11.676 trillion on Thursday.

NDIC building

NDIC pays N1.45bn to bank depositors, recovers N28bn from debtors

NDIC’s operating income increased from N122.68 billion in 2016 to N146.47 billion in 2017.

Nigeria Stock Exchange

NSE: Share prices rebound, market capitalisation up by N70bn

The market capitalisation closed at N11.703 trillion compared to N11.633 trillion on Thursday.

Nigeria Stock Exchange

Capital market indices appreciate marginally by 0.03 per cent

The All-Share Index rose by 9.49 points to close at 32,152.90 compared with 32,143.41 posted on Monday.

NNPC sells $470m crude oil and gas in August – Official

Out of the export receipts, $142.31million was remitted to the Federation Account, reports the corporation

Nigeria Stock Exchange

Consumer goods lift trading by 0.33 per cent at NSE

The market capitalisation closed higher at N11.738 trillion compared with N11.700 trillion achieved on Monday.

Nigeria Stock Exchange

Nigeria capital market indices increase by 0.37 per cent

The All-Share Index rose by 118.29 points to close at 32,124.94 against 32,006.65 recorded on Thursday.

Union Bank of Nigeria

Union Bank posts N14.9 billion profit

The profit was higher by 14 per cent when compared with N13 billion achieved in the corresponding period of 2017.

Finance minister, Zainab Ahmed. [PHOTO CREDIT: Daily Trust]

Nigerian Govt, States, LGAs share N698.7 bn for September

Crude oil export sales increased by 0.17 million barrels.

International Monetary Fund (IMF)

IMF reviews Nigeria’s growth projection downwards

The IMF also projected Nigeria’s inflation rate to rise to an average of 13.5 per cent in 2019.

Oil rig

PIB: How Nigeria can avoid Venezuela’s experience

The long delay in the passage of the PIB is setting Nigeria on the highway to replicating Venezuela’s oily crisis that is well documented says Business Editor, Bassey Udo in this analysis.

nigerian_stock_exchange

Insurance stocks top losers’ table in September

Universal Insurance emerged the worst performing stock for the month.

nigerian_stock_exchange

NSE suspends trading in shares of six Nigerian companies

The NSE also names the six companies and their offence.